BA ECONOMICS PAPER 202 - HONOURS - INTERNAL ASSESSMENT EXAMINATION PAPER - BY DIBRUGARH UNIVERSITY

 BA ECONOMICS PAPER 202 ( 2ND PAPER) - 2ND SEMESTER - HONOURS - INTERNAL ASSESSMENT EXAMINATION PAPER - BY DIBRUGARH UNIVERSITY 

MARKS - 20 , TIME - 1 HOURS 2

1. Write any four of the following - 

a. Given the demand and supply functions of cobweb model.

Q_dt = 10 – 2P_t

Q_st = -5 + 3P_t-1

Find the intertemporal equilibrium price and also determine whether you will get stable equilibrium.

b. Types of matrix.

c. Solve the following equation by matrix inversion method.

5x + 7y + 2 = 0

4x + 6y + 3 = 0 

d. Slove the following by cramer's rule.

Q_d = Qs

Q_d = 30 – 3P

Q_s = - 5 + 4P

e. Cobweb Market Model.

f. If y = x³₁ x₂ – 3x₂x²₃ – x₁x₂ find all the partial derivatives of second order.